1. Can I trade during news events with Goat Funded Traders?
Yes, trading during news events is fully allowed on Goat Funded Traders accounts. Engaging in news trading does not represent a breach of our rules.
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2. Are there any limitations on profits generated during high-impact news events?
The only limitation is as follows:
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Any trade opened or closed (either manually or automatically, such as via stop loss, take profit, or pending orders) within 2 minutes before or after the release of high-impact news (as indicated by a red folder on ForexFactory.com) can generate a maximum profit of 1% of the account’s initial balance.
3. Does this policy apply to both the challenge and funded phases?
Yes, this rule applies equally to both the challenge phase and the funded phase of your account.
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4. What happens if profits exceed the 1% limit during these times?
If the profit generated from trades during the restricted time exceeds 1% of the initial account balance, the excess profit will be removed. This adjustment will not result in any kind of breach or penalty to the account.